SM Energy(SM)

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SM Energy (SM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-02 01:30
Core Insights - SM Energy reported revenue of $844.54 million for the quarter ended March 2025, marking a 50.9% increase year-over-year, with EPS at $1.76 compared to $1.41 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $821.97 million by 2.75%, and the EPS also surpassed the consensus estimate of $1.60 by 10% [1] Financial Performance Metrics - Average daily production totaled 197.3 million barrels of oil equivalent, slightly above the five-analyst average estimate of 196.49 million barrels [4] - Average daily crude oil production was 103.7 million barrels, exceeding the four-analyst average estimate of 102.64 million barrels [4] - Average daily natural gas production reached 404.2 million cubic feet, surpassing the four-analyst average estimate of 397.64 million cubic feet [4] - Average realized price for crude oil was $70.87 per barrel, higher than the $70.67 estimated by two analysts [4] - Operating revenue from oil, gas, and NGL production was $839.62 million, exceeding the two-analyst average estimate of $823.02 million, reflecting a year-over-year increase of 50% [4] Stock Performance - SM Energy's shares have declined by 25.3% over the past month, while the Zacks S&P 500 composite has only decreased by 0.7% [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance compared to the broader market in the near term [3]
SM Energy (SM) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-01 23:25
SM Energy (SM) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.86 per share when it actually produced earnings of $1.91, delivering a surprise of 2.69%.Over the last four quarters, ...
SM Energy Company (SM) Q1 2025 Results Prepared Remarks (Transcript)
Seeking Alpha· 2025-05-01 22:25
SM Energy Company (NYSE:SM) Q1 2025 Results Prepared Remarks May 1, 2025 4:15 PM ET Company Participants Patrick Lytle - Senior Vice President, Finance Herbert Vogel - President and CEO Beth McDonald - Chief Operating Officer Wade Pursell - Chief Financial Officer Patrick Lytle Good afternoon. This is Pat Lytle, Senior Vice President of Finance. Welcome to SM Energy's First Quarter 2025 Financial and Operating Results Webcast. Before we get started on our prepared remarks, I remind you that our discussion t ...
SM Energy(SM) - 2025 Q1 - Earnings Call Presentation
2025-05-01 20:46
NYSE: SM SM-Energy.com First Quarter 2025 Financial & Operating Results May 1, 2025 Disclaimers Forward-looking Statements This presentation contains forward-looking statements within the meaning of securities laws. The words "believes," "demonstrate," "estimate," "expect," "intends," "plan," "preliminary," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include, among other things: certain projections for the full year and se ...
SM Energy(SM) - 2025 Q1 - Quarterly Results
2025-05-01 20:17
News Release EXHIBIT 99.1 SM ENERGY REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTS; SUCCESSFUL UINTA BASIN INTEGRATION DRIVES PRODUCTION TO HIGH END OF GUIDANCE AT 53% OIL DENVER, CO May 1, 2025 - SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the first quarter 2025 and provided certain full year and second quarter 2025 guidance. Highlights include: President and Chief Executive Officer Herb Vogel comments: "We took the reins of the Uinta Basin op ...
SM ENERGY REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTS; SUCCESSFUL UINTA BASIN INTEGRATION DRIVES PRODUCTION TO HIGH END OF GUIDANCE AT 53% OIL
Prnewswire· 2025-05-01 20:15
DENVER, May 1, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the first quarter 2025 and provided certain full year and second quarter 2025 guidance.Highlights include: Net production was 17.8 MMBoe, or 197.3 MBoe/d, at 53% oil or 103.7 MBbls/d, at the high end of guidance, driven largely by our Uinta Basin assets outperforming expectations. Total daily production increased 36% and daily oil production increased 63% compared to first quar ...
SM Energy (SM) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-04-24 22:55
Core Viewpoint - SM Energy's stock performance has lagged behind major indices, with a significant decline over the past month, while upcoming earnings are anticipated to show growth in EPS and revenue compared to the previous year [1][2][3]. Company Performance - SM Energy's stock closed at $23.17, reflecting a +0.78% change from the previous day, which is lower than the S&P 500's gain of 2.03% [1]. - Over the past month, SM Energy shares have decreased by 25.33%, underperforming the Oils-Energy sector's loss of 10.82% and the S&P 500's loss of 5.07% [1]. Earnings Expectations - The company is expected to report earnings on May 1, 2025, with an anticipated EPS of $1.57, representing an 11.35% increase year-over-year [2]. - The Zacks Consensus Estimate for revenue is projected at $822.88 million, which is a 46.98% increase from the same quarter last year [2]. Full-Year Estimates - For the full year, the Zacks Consensus Estimates predict earnings of $6.07 per share and revenue of $3.37 billion, indicating a year-over-year decline in earnings of -10.74% and an increase in revenue of +25.29% [3]. Analyst Forecast Revisions - Recent revisions to analyst forecasts for SM Energy are crucial as they reflect changes in short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [4]. Zacks Rank and Valuation - SM Energy currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate having decreased by 14.63% over the last 30 days [6]. - The company is trading at a Forward P/E ratio of 3.79, which is below the industry average Forward P/E of 7.65 [7]. Industry Context - The Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has a Zacks Industry Rank of 197, placing it in the bottom 21% of over 250 industries [7].
SM Energy (SM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-04-24 15:07
SM Energy (SM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 1, 2025, might help the stock move higher if these key numbers are better than expectatio ...
SM Energy (SM) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-04-14 23:05
Company Performance - SM Energy's stock closed at $21.96, reflecting a +1.34% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.79% [1] - Over the past month, SM Energy shares have decreased by 27.74%, while the Oils-Energy sector and the S&P 500 have lost 8.15% and 3.56%, respectively [1] Upcoming Earnings - SM Energy is expected to report an EPS of $1.68, which represents a 19.15% increase from the same quarter last year [2] - Revenue is anticipated to be $834.34 million, indicating a 49.02% rise compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are projected at $7.09 per share and revenue at $3.47 billion, reflecting changes of +4.26% and +28.91% from the previous year [3] - Recent revisions to analyst forecasts for SM Energy are crucial as they indicate evolving short-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - SM Energy has a Forward P/E ratio of 3.06, which is a discount compared to the industry's average Forward P/E of 6.92 [6] - The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector and currently holds a Zacks Industry Rank of 190, placing it in the bottom 24% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates SM Energy as 5 (Strong Sell) [5] - Over the past month, there has been a 0.49% decline in the Zacks Consensus EPS estimate for SM Energy [5]
SM ENERGY SCHEDULES FIRST QUARTER 2025 EARNINGS RELEASE AND LIVE Q&A CALL
Prnewswire· 2025-04-14 20:15
DENVER, April 14, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announces that it plans to release its first quarter 2025 financial and operating results after market hours on May 1, 2025. See schedule below: May 1, 2025 – After market close, the Company plans to issue its first quarter 2025 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing first quarter 2025 financial and operating results, and an associated presentation, al ...